All JSE markets gained on Friday

All markets of the Jamaica Stock Exchange closed higher to usher the week end with trading levels plunging from Thursday’s bounteous trades resulting in just over $53 million worth of stocks traded and ending with prices of 29 shares rising and 42 declining.
At the close of trading, the JSE Combined Market Index climbed 94.80 points to close at 317,457.34, the All Jamaican Composite Index advanced 1,262.85 points to end at 347,280.42 and the JSE Main Index popped 14.57 points to 304,502.89. The Junior Market Index rose 11.26 points to settle at 3,663.01 and the JSE USD Market Index gained 2.64 points to end at 234.78.
At the close of trading, 13,107,754 shares were exchanged in all three markets, down from 55,750,243 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to just $53.2 million, well gained below the $1.198 billion on Thursday and the JSE USD market closed with an exchange of 166,468 shares for US$7,387 compared to 1,036,413 units at US$22,525 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 1.53 million shares followed by Sagicor Select Financial Fund with 1.12 million units and Wigton Windfarm with 999,513 stocks.
In Junior Market trading, A Williams led trading with 3.10 million shares followed by Stationery and Office Supplies with 517,576 units and Omni Industries with 411,289 stocks.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.6 on 2023-24 earnings and 13.1 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.